There are no economic indicators and few corporate earnings reports due Friday. Markets are bouncing back, however, after being spooked by an apparent split among officials with the U.S. Federal Reserve over whether to push forward with economic stimulus programs, or to begin weaning the nation off of them.

Many investors also sensed that the Dow, which is getting close to an all-time high, had gotten ahead of itself.

The Dow is up 6 percent this year, the S&P 500 is up more than 5 percent, and the Nasdaq is up 3.7 percent.

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